Published on : Feb 02, 2018
Albany, New York, February 2, 2018: According to a recent analysis, the patient monitoring and ultrasound devices display screen has witnessed tremendous growth and innovation in recent years, owing to the vast demand of advanced displays for some products for example cardiac monitors, multiparameter monitors and others. Considering these facts, Market Research Hub (MRH) has publicized a study titled “Patient Monitoring and Ultrasound Devices Display Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” to its massive database. This 401-page intelligent global market report provides an extensive analysis of the current market trends and future estimations in the market.
It is a result of vigorous research done by a team of expert analysts who have done the needful data crunching and study of market drivers and restraints for every sector of the global market for patient monitoring and ultrasound devices display market. The study provides an entire perspective on the market’s growth in terms of revenue in US$ Bn, across different geographical regions such as Asia Pacific, North America, Middle East & Africa, Europe, and South America. For a better understanding of the market, the global market for patient monitoring and ultrasound devices display are broadly assessed on the basis of device type, screen size, screen resolution, touch type, display technology and color.
Forecast Assumptions and Market Dynamics
This latest report prophesizes the market to reach a valuation of US$4,605.4 mn by the end of 2025 registering a 5.1% CAGR for the forecast period from 2017 to 2025. From a geographical viewpoint, North America held the leading market share in patient monitoring and ultrasound devices display market in 2016. Also, it is expected to remain dominant till 2025.
Growing demand for advanced diagnostic technology with high contrast and best resolution display is expected to boost the patient monitoring and ultrasound devices display market globally. In addition, the emergence of digital imaging and diagnostic technology and progression of old traditional monitors into digital multi-function monitors.
Looking to the growing demand, the manufacturers are keen towards the adoption of the latest technology and offer unique features to differentiate their products and gain a competitive edge. Currently, manufacturers use LCD, LED and OLED display technology owing to their less power consumption feature. This is expected to create opportunities for the growth of patient monitoring and ultrasound devices display market. The report covers detailed competitive view that includes market share and profiles of crucial players operating in the global market. Some of them are Fujifilm Holdings Corporation, Siemens Healthcare, Beijing JingJing Medical Equipment Co. Ltd., Barco NV, Philips Healthcare, Hologic, Inc., Shimadzu Corporation, GE Healthcare, Medtronic, Inc., Toshiba Medical Systems Corporation (TMSC), Hitachi Medical Corporation, Esaote SpA, Carestream Health, Cook Medical, Shanghai Fosun Long March Medical Science Co Ltd., and Beijing Leadman Biochemistry Ltd.
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